The price of pork in Spain has risen 32% in twelve weeks. Increase in demand from China and the opening of a new slaughterhouse suggest further rises.
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In March, price quotations for pig received some support from a surge in import demand, especially from China.
The rise in pork price is being so intense and important that the processing sector will have to make a superhuman effort and transfer the rises in price to the final product as soon as possible.
The current situation in China has many similarities to the old-time hog cycle liquidation phase.
Guillem Burset foresees a very profitable 2019, but not for all the actors in the Spanish pig sector.